The ‘Catalyst’ building of the T-Hub, a public-private enterprise initiated by the State government at the Indian Institute of Information Technology-Hyderabad, is the ‘first look of the new India of tomorrow,’ opined Ratan Tata, chairman emeritus of Tata Sons.
The 77-year old, who evinces keen interest in startups, was speaking after inaugurating the Catalyst as well as the T-Hub ecosystem here Thursday.
“Enterprises are built on innovations. I grew up in an environment where the boss would tell you to first gain some experience before you talk. It is not the case today. If there are good ideas, you need to find a way to implement them,” he said, adding that those with passion and innovation would certainly succeed.
He predicted that the next big breakthrough would be in the field of life sciences.
Asked about his views on the raging debate on alleged intolerance in India, he refused to be drawn into the controversy but pointed out, “People in this country have lived together for centuries in communal harmony and would continue to do so.”
Governor ESL Narasimhan, speaking at the inaugural, said foreigners and Indians would start developing businesses in Hyderabad in this new era. He suggested that the State government pay equal attention to rural talent and said, “Apart from IT, we need to look at innovations in societal requirements. It would be great if startups are able to impact society by finding solutions to drinking water needs, education and health.”
Minister for IT KT Rama Rao, the brain behind the T Hub, hoped that the next big breakthrough in technology would come from India and possibly, from Hyderabad. “Young India is not willing to be called the back-office of the world.
Governments have never walked the talk to promote entrepreneurship. T-Hub provides that platform,” he said.
BVR Mohan Reddy, director on the board of T-Hub, and chairman, Nasscom, announced partnership between the two entities to launch Nasscom’s 10K programme in Hyderabad. He also said an MoU has been signed between T-Hub and Internet and Mobile Association of India’s (IAMAI) Mobile 10X programme to promote mobile app development in the state. Chief secretary Rajeev Sharma, ITE&C secretary Jayesh Ranjan were also present.
Source: The New Indian Express